Is 13131, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13131 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 13131 was a Buyer's Market.

Key Takeaway

13131 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 13131, NY

How much do homes in 13131, NY cost?

Median Sold Price

$229,497

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,497(+31.1%)

Key Takeaway

Homes in 13131 have sold for 31.1% more than they did a year ago.

Summary: The median home sold price in 13131 was $229,497 in November 2024, up 31.1% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $164K$80K
-51.2%
2 $150K$140.3K
-6.4%
3 $191.5K$261.9K
+36.8%
4 $155K$250K
+61.3%
5+ $250K$194.9K
-22.0%

Summary: 13131 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.2%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 61.3%, and 5+ bedroom homes decreased by 22%.

Median Sold Price Compared To Nearby Zip Codes

13131
+31.1%
13036
+9.7%
13114
+8.3%

Housing Supply in 13131, NY

How many homes are available in 13131, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The 13131 real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 47
+75.0%
5+ 21
-50.0%

Summary: The 13131 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13131, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 13131 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 13131, NY

How long does it take to sell a home in 13131, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days4 Days-20.0%

Summary: Homes in 13131 had an average of 4 days on market in Nov 2024, down by 20% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13131 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 13131; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 13131, NY

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